There are various kinds of commercial policies, like there are various kinds of personal policies. The big difference is that commercial lines coverage applies to business-related risks.
The mechanism of obtaining commercial coverage starts with seeking an agent or broker that specializes in commercial lines coverage; it is vastly different from personal lines, so you will want someone skilled in the area.
Whatever you do, make sure that the insurer is authorized to transact the kind of insurance that you are buying in the state where the policy will be issued. Also make sure that the agent is not only experienced in commercial lines coverage, but is licensed in the state where he/she does business.
Commercial policy is required to control, understand, run the import export business.
Commercial Policy is a term used in investment circles to refer to how a country does business with other countries. Some examples of Commercial Policy include trade barriers and tariffs.
How do I find out who has my policy I had with Commercial State Life INsurance Company
Commercial policy is an economic policy which is concerned with those decisions, strategies, and instruments which influence the foreign trade sector of an economy. In the commercial policy it is to be decided that what will be exports and imports of the country. Whether the foreign trade sector will be consisting of consumer goods and producer goods and whether the trade will be free or restricted.
That would be one policy in force for a commercial risk.
Youl will want a commercial liability policy. This will cover you if you operate commercial trucks.
distinguish between a "standard" commercial risk and a "non standard" commercial risk in a fire policy
Orville John McDiarmid has written: 'Commercial policy in the Canadian economy' -- subject(s): Canada, Commercial policy, Tariff, History
A commercial policy (also referred to as a trade policy or international trade policy) is a governmental policy governing trade with third countries. This covers tariffs, trade subsidies, import quotas,Voluntary Export Restraints, restrictions on the establishment of foreign-owned businesses, regulation of trade in services and other barriers to international trade. These are sometimes restricted within a customs union. In the case of the European Union, commercial policy has been dealt with in common since it was created in 1957. A common commercial policy is also an aim of Mercosur.
The limitations of commercial policy is that it places restrictions on international trade. The taxes levied could also be exorbitant and thus making the international trade almost impossible.
Mordechai Elihau Kreinin has written: 'Israel and the European community' -- subject(s): European Economic Community, Industrialization, Technology and civilization 'Economics, an introductory text' -- subject(s): Economics 'Oxford handbook of international commercial policy' -- subject(s): Commercial policy, International economic relations 'Alternative commercial policies' -- subject(s): Commercial policy, Balance of payments, Balance of trade 'Trade relations of the EEC' -- subject(s): Commerce, Commercial policy
No. A commercial liability policy specifically excludes liability arising out of the ownership, maintenance or use of a motor vehicle.